Phoenix Holdings Future Growth

Future criteria checks 3/6

Phoenix Holdings is forecast to grow earnings at 29.9% per annum. EPS is expected to grow by 24.2% per annum.

Key information

29.9%

Earnings growth rate

24.2%

EPS growth rate

Insurance earnings growth	14.7%
Revenue growth rate	n/a
Future return on equity	12.0%
Analyst coverage	Low
Last updated	16 Feb 2024

Recent future growth updates

Recent updates

The Phoenix Holdings Ltd.'s (TLV:PHOE) Subdued P/S Might Signal An Opportunity

Dec 29

Should You Be Adding Phoenix Holdings (TLV:PHOE) To Your Watchlist Today?

Nov 02

We Ran A Stock Scan For Earnings Growth And Phoenix Holdings (TLV:PHOE) Passed With Ease

Jul 22

Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching

Apr 23

Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching

Jan 16

If You Like EPS Growth Then Check Out Phoenix Holdings (TLV:PHOE) Before It's Too Late

Oct 07

The Case For The Phoenix Holdings Ltd. (TLV:PHOE): Could It Be A Nice Addition To Your Dividend Portfolio?

May 11

Phoenix Holdings (TLV:PHOE) Has Gifted Shareholders With A Fantastic 225% Total Return On Their Investment

Feb 23

What Kind Of Shareholders Hold The Majority In The Phoenix Holdings Ltd's (TLV:PHOE) Shares?

Jan 25

The Phoenix Holdings Ltd (TLV:PHOE) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Dec 29

What The Phoenix Holdings Ltd's (TLV:PHOE) 27% Share Price Gain Is Not Telling You

Dec 02

Earnings and Revenue Growth Forecasts

TASE:PHOE - Analysts future estimates and past financials data (ILS Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2023	23,520	777	1,144	2,182	N/A
9/30/2023	21,358	349	2,656	3,590	N/A
6/30/2023	18,416	399	2,956	3,639	N/A
3/31/2023	9,263	525	691	1,282	N/A
12/31/2022	7,674	1,257	2,205	2,729	N/A
9/30/2022	11,679	1,635	2,028	2,510	N/A
6/30/2022	14,717	1,896	3,045	3,483	N/A
3/31/2022	23,724	2,324	3,348	3,746	N/A
12/31/2021	27,972	1,965	4,186	4,547	N/A
9/30/2021	28,953	2,000	3,607	3,976	N/A
6/30/2021	29,947	1,815	2,766	3,106	N/A
3/31/2021	28,874	1,650	4,331	4,704	N/A
12/31/2020	16,710	1,169	4,400	4,771	N/A
9/30/2020	13,581	437	2,133	2,501	N/A
6/30/2020	11,722	183	1,242	1,650	N/A
3/31/2020	9,884	-109	-587	-225	N/A
12/31/2019	21,174	271	208	567	N/A
9/30/2019	15,370	453	2,051	2,341	N/A
6/30/2019	15,751	723	3,093	3,326	N/A
3/31/2019	14,576	705	1,438	1,663	N/A
12/31/2018	11,496	651	-1,029	-820	N/A
9/30/2018	15,211	706	-916	-704	N/A
6/30/2018	14,659	568	-2,461	-2,234	N/A
3/31/2018	14,777	645	-310	-95	N/A
12/31/2017	15,409	710	2	220	N/A
9/30/2017	14,608	893	N/A	353	N/A
6/30/2017	14,389	997	N/A	228	N/A
3/31/2017	13,941	891	N/A	232	N/A
12/31/2016	12,731	608	N/A	591	N/A
9/30/2016	12,954	515	N/A	1,467	N/A
6/30/2016	10,859	311	N/A	2,919	N/A
3/31/2016	9,769	280	N/A	3,458	N/A
12/31/2015	11,441	264	N/A	3,547	N/A
9/30/2015	9,796	186	N/A	2,495	N/A
6/30/2015	11,314	303	N/A	1,410	N/A
3/31/2015	11,926	274	N/A	734	N/A
12/31/2014	11,055	507	N/A	642	N/A
9/30/2014	12,497	559	N/A	850	N/A
6/30/2014	12,841	539	N/A	1,004	N/A
3/31/2014	12,767	663	N/A	1,490	N/A
12/31/2013	12,620	739	N/A	1,030	N/A
9/30/2013	12,251	683	N/A	1,295	N/A
6/30/2013	12,047	614	N/A	1,887	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHOE's forecast earnings growth (29.9% per year) is above the savings rate (2%).

Earnings vs Market: PHOE's earnings (29.9% per year) are forecast to grow faster than the IL market (8.3% per year).

High Growth Earnings: PHOE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if PHOE's revenue is forecast to grow faster than the IL market.

High Growth Revenue: Insufficient data to determine if PHOE's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PHOE's Return on Equity is forecast to be low in 3 years time (12%).

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Phoenix Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.6% to ₪50.50

Price target increased to ₪45.00

Recent updates

Final dividend of ₪1.05 announced

Full year 2023 earnings released

The Phoenix Holdings Ltd. to Report Fiscal Year 2023 Final Results on May 05, 2024

The Phoenix Holdings Ltd. to Report Q4, 2023 Results on Mar 27, 2024

The Phoenix Holdings Ltd. (TASE:PHOE) acquired an unknown minority stake in Isracard Ltd. (TASE:ISCD).

Phoenix Group Reportedly in Advanced Discussions to Divest 25% Stake in Its Subsidiary, Phoenix Insurance Agencies

The Phoenix Holdings Ltd.'s (TLV:PHOE) Subdued P/S Might Signal An Opportunity

Third quarter 2023 earnings released

The Phoenix Holdings Ltd. to Report Q3, 2023 Results on Nov 29, 2023

Price target increased by 8.6% to ₪50.50

Less than half of directors are independent

An unknown buyer acquired a 2% stake in The Phoenix Holdings Ltd. (TASE:PHOE) for approximately ILS 180 million.

The Phoenix Holdings Ltd. to Report Q2, 2023 Results on Aug 24, 2023

First quarter 2023 earnings released: ₪0.23 loss per share (vs ₪2.68 profit in 1Q 2022)

The Phoenix Holdings Ltd., Annual General Meeting, Jul 04, 2023

The Phoenix Holdings Ltd. to Report Q1, 2023 Results on May 31, 2023

Full year 2022 earnings released: EPS: ₪5.00 (vs ₪7.76 in FY 2021)

The Phoenix Holdings Ltd. (TASE:PHOE) announces an Equity Buyback for ILS 100 million worth of its shares.

The Phoenix Holdings Ltd. (TASE:PHOE) and Excellence Investments Limited entered into an agreement to acquire Asset Management Activities of Psagot Investment.

Leonardo DRS, Inc. completed the acquisition of RADA Electronic Industries Ltd. (NasdaqCM:RADA) from Franklin Resources, Inc. (NYSE:BEN), The Phoenix Holdings Ltd. (TASE:PHOE), Wellington Group Holdings Llp and others in a reverse merger transaction.

The Phoenix Holdings Ltd. (TASE:PHOE) acquired an additional 6% stake in Mayer's Cars and Trucks Ltd.

Less than half of directors are independent

Should You Be Adding Phoenix Holdings (TLV:PHOE) To Your Watchlist Today?

The Phoenix Holdings Ltd. (TASE:PHOE) acquired a 14% stake in Mayer's Cars and Trucks Ltd. from Shahar and Kass families for approximately ILS 570 million.

The Phoenix Holdings Ltd. (TASE:PHOE) acquired a 14% stake in Mayer's Cars and Trucks Ltd. from Shahar and Kass families for approximately ILS 570 million.

Now 21% undervalued

The Phoenix Holdings Ltd. to Report Q2, 2022 Results on Aug 25, 2022

Now 21% undervalued

We Ran A Stock Scan For Earnings Growth And Phoenix Holdings (TLV:PHOE) Passed With Ease

Leonardo DRS, Inc. entered into a definitive agreement to acquire RADA Electronic Industries Ltd. (NasdaqCM:RADA).

First quarter 2022 earnings released: EPS: ₪2.68 (vs ₪1.24 in 1Q 2021)

The Phoenix Holdings Ltd. to Report Q1, 2022 Results on May 31, 2022

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

Less than half of directors are independent

Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching

Full year 2021 earnings released: EPS: ₪7.76 (vs ₪4.57 in FY 2020)

The Phoenix Holdings Ltd. to Report Fiscal Year 2021 Results on Mar 29, 2022

The Phoenix Holdings Ltd., Annual General Meeting, May 05, 2022

Here's Why We Think Phoenix Holdings (TLV:PHOE) Is Well Worth Watching

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

If You Like EPS Growth Then Check Out Phoenix Holdings (TLV:PHOE) Before It's Too Late

Price target increased to ₪45.00

Second quarter 2021 earnings released: EPS ₪2.46 (vs ₪1.75 in 2Q 2020)

The Case For The Phoenix Holdings Ltd. (TLV:PHOE): Could It Be A Nice Addition To Your Dividend Portfolio?

Full year 2020 earnings released: EPS ₪4.57 (vs ₪0.60 in FY 2019)

The Phoenix Holdings Ltd to Report Fiscal Year 2020 Results on Mar 25, 2021

Phoenix Holdings (TLV:PHOE) Has Gifted Shareholders With A Fantastic 225% Total Return On Their Investment

New 90-day high: ₪26.72

What Kind Of Shareholders Hold The Majority In The Phoenix Holdings Ltd's (TLV:PHOE) Shares?

New 90-day high: ₪24.46

The Phoenix Holdings Ltd (TLV:PHOE) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

New 90-day high: ₪22.84

What The Phoenix Holdings Ltd's (TLV:PHOE) 27% Share Price Gain Is Not Telling You

The Phoenix Holdings Ltd (TASE:PHOE) signed a memorandum of understanding to acquire 45% stake in Bitan Wines Ltd for ILS 400 million.

New 90-day high: ₪19.84

New 90-day high: ₪18.50

New 90-day high: ₪17.43

New 90-day high - ₪17.00

New 90-day high - ₪16.80

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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